This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of biologically active molecules. Its structural features make it valuable for developing pharmaceutical agents, particularly those targeting neurological and inflammatory disorders. The compound's spirocyclic core and functional groups allow for modifications that enhance drug-like properties, such as improved bioavailability and target specificity. Researchers often employ it in the design of enzyme inhibitors or receptor modulators, leveraging its unique scaffold to optimize therapeutic efficacy. Additionally, it serves as a building block in the creation of novel compounds for drug discovery programs, contributing to the development of potential treatments for complex diseases.